Rent, Rates, and Service Charges

Rent

Rents in King’s Cross can be influenced by a large series of factors. These factors include the location itself, the size of the office or building, the facilities, condition and the length of term and are all reflected in the price you pay every month. As specialist tenant representatives, King’s Cross Office Space are able to negotiate with landlords on your behalf to secure the best possible agreement. We may even be able to negotiate discounts and rent-free period as well as break clauses in order to provide you with the flexibility and value that you seek.

Business Rates

Business rates are taxes paid by companies that help pay for local services that benefit the area. Business rates are charged on nearly all non-domestic properties including:

Shops

Offices

Pubs

Warehouses

Factories

If you use a building or part of a building for non-domestic purposes you will probably be expected to pay business rates.

You’ll probably have to pay business rates if you use a building or part of a building for non-domestic purposes.

Service Charges

Service charges are fees levied by landlords to offset the costs incurred by them when providing services to dwellings. The charges can vary wildly depending on both the building and the landlord. The lease or tenancy agreement lays out the way that the charges are organised. The charges cover things like maintenance and repairs, insurance and things like lighting and heating where these are provided. You may also see service charges reflect landlord management costs and reserve fund contributions.

This guide is designed to give you a brief overview of the costs attached to leasing an office. Call today to find out more about rates, rents and service charges. We can help you to reduce these fees.